Comment Text:
i0-001
COMMENT
CL-02310
From:
Sent:
To:
Subject:
Vladimir Migunov
Thursday, January 21, 2010 9:55 PM
secretary
Regulation of Retail Forex
Dear members of U.S. Commodity Futures Trading Commission!
Excuse my English, please, I am russian.
With accordance to your propose to comment the future limitation
of leverage to 10:1 I want to say, that if it will be realized,
I will be forced to go out from the Forex market because of increasing
of the margin requirements. I have'nt so much money.
During last years the number of Forex participants increased strongly, and
it is growing now because of brokers are decreasing the financial barieere
to trade at Forex. Limitation of leverage to 10:1 will turn this
process jumping backward, and many people, whose income was decreased by the
financial and economical crizis, will loose chances to return to their life
style, which was before crisis.
With best regards,
Vladimir Migunov,
420034 Russia Kazan Gorsovetskaya 17/1 156
Identification number RIN 3038-AC61